If based on last nights closing prices for ARG/ARGR
ARGR price + issue price($7.20) < ARG price currently I can't but see this as a ARGR buy. Thus the best way into ARG.
Or is it that ARG is now trading (at approx 1% premium).
Also the latest NTA annoucement would seem to suggest that (after taking into account the 12c div and 1:8 rights) it's trading at a premium to the prevailing sp?
ARG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held